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20110701
20110731
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. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
as well. so we need to do something big. >>> plus, decline of an empire? murdoch makes the cover of "time." the uk makes another arrest. and u.s. lawmakers demand investigations into news corp's actions here at home. >>> strikeout. why did the judge just declare a mistrial in the roger clemens' perjury case? >>> good day. i'm andrea mitchell live in washington. it's round five of the debt talks today. coming off the most heated exchange yet in the debt negotiations between president obama and republican leaders. eric cantor says the president all but stormed out of the last meeting. democrats have a different story. their version is that in fact, it was the republicans' fault. major garrett is congressional correspondent. here we are unveiling the cover as we do every week of the "national journal." let's talk about these negotiations. we've got he said/he said, basically. you have two sides accusing each other of storming out. it clearly got a little bit testy. >> it got testy -- >> we're told cantor interrupted the president several times. >> eric cantor was persistent, i'm sure. eric c
, hi, there, thomas. it seemed like forget hope for getting a big deal done in the arena of $4 tril john lion in tt decade was dwindling, but republicans would not accept a deal that big and they wanted $2 trillion over the next decade, but as you mentioned president obama came out today swinging, upping the ante saying he does indeed want a big deal done and if not now, when? and he essentially tried to assume the position of the adult in the room calling on the lawmakers to rip off the band-aids and eat the peas and call to action for democrats and republicans and calling the democrats to come to the table for entitlement reforms, and the republicans for rolling back the tax breaks for wealthy americans and big corporations, and it seemed like at the last of last week, the president and the speaker boehner may have been moving in the same direction, but then speaker boehner said we cannot support anything that looks like a tax increase. and so the president addressed that in his conversation today, and he said that any tax brea increases would not take effect immediately. >> when
now, august 2nd is the big date, and the hard deadline or the u.s. default defaults on the $14.3 trillion debt. the white house says that lawmakers need a basic plan in place by today if they are going to be able to craft a bill in time to avert a default. nbc's kristen welker is following all of this for us live at the white house. kristen, good afternoon. where do we go from here? what is the bottom line? a lot of talking from the white house and the republicans and where does it all stand and what is next? >> hi, there, jeff. house speaker john boehner and president obama are saying that they are not close to a deal, but there has certainly been a lot of chatter about a potential deal. here is what it would look like. it would involve $3 trillion in deficit reductions over the next decade. it would include immediate cus s to discretionary spending right off of the top, and then over time, you'd see some changes in entitlements things like social security and medicare and also some changes to the tax code including a roll back for tax breaks for the wealthy americans and the
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
government shut down. i never thought that was possible." the big lesson for minnesota is the unthinkable is possible. you have a tendency to think in these sorts of situations it's just a game of chicken, there will be a resolution, the debt ceiling will be lifted, but sometimes a game of chicken ends in a car crash. the last thing that republicans walked out of in terms of trying to avert this car crash was a meeting president obama convened yesterday in washington. you may remember mr. obama told everyone to dress casually because they were going to be there for a long time, right? that's why we have the pictures where they look vaguely, slightly, iranian, because they are not wearing ties. women look the same they always do, but the mens, aimadinijad. john boehnor told reporters he could not support any big deal the president wanted period. so in the end, their long day of sweaty, tieless negotiations only lasted an hour and 15 minutes, then they went home. the unemployment crisis, but that is not what they are having crisis negotiations about in washington, but they are having crisis
a big deal. so what is a big deal? white house officials tell me anything over $2 trillion, but he is pushing for more in the area of cuts that would equal $4 trillion over the next 10 to 12 years. now, this all comes against the backdrop of a report today in the "washington post" saying thatm president obama is putting social security on the table along with medicare and medicaid and when we asked the white house about this, they said, look, this is not news. the president has always supported the idea of small cuts in those entitlement programs to make them more effective as long as the cuts didn't impact beneficiaries and having said that some folks on the hill say there are some scenarios which would see a major overhaul of the entitlement programs, but the white house says they would not want to see anything to overhaul the main programs. but one of the sticking points here, thomas, is taxes. democrats want to see a rollback in tax credits for the wealthy americans and in big corporations, and the republicans have said no way, we don't support anything that looks like a tax in
to happen here with rupert murdoch and his son james tomorrow? >> well, that is certainly, that is the big question. and rupert murdoch and his son james, and rebekah brooks, who are appearing before the select committee have to be so careful, and so careful in fact, that rupert murdoch's biographers saying he is in rehearsals and being coached by aides and he is walking a fine line, because on one hand, he is under oath, and so like he and his son and rebekah brooks, they can't lie. if they do lie, it is a crime. so they have to be careful what they say. they can't mislead this group, but at the same time, they don't want to give too much away either, because this is such a reprehensible difficult and negative story that any facts on how to what extent the criminality of how far it went up the ladder at any of the companies as the facts come out, it could well, we could well see a drop from the bottom just out of news corporation. today, already, tamron, we saw a 5% jump in news corp stock in australia. so that the wheels of this amazing story just keep rolling along, and you mentioned in
, people of the big banks were summoned to the meeting at a federal reserve bank here in new york and cnbc's bertha coombs has details for us. >> investors who buy u.s. treasuries buy them through banks, and this morning the treasury asked those bankers and dealers who help to sell the treasuries to investors to come in and talk about the situation as the debt ceiling limit looms. it was a regularly scheduled meeting, because on wednesday is normally the day that the treasury would announce the next action of debt, but obviously, that comes after the deadline. from bankers we talked to and senior treasury officials, they didn't really outline any contingency plans about what would happen if the debt ceiling deadline is not extended. a number of bankers have told me they anticipate what would happen is that those debt auctions would likely be postponed. we saw it happen back in 1995 when the government was shutdown. it was postponed for several weeks in terms of the auction, because essentially, if the government doesn't have the authority to increase that, then the treasury can't issue mor
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
big, republicans go backwards. >> i have bent over backwards to work with the republicans. >> the one thing he won't accept is a short-term solution. >> boehnor's people and republicans on capitol hill say they are ready to eat the peas, but the peas can't have flavor of tax increases. >> speaker boehnor is caught between the tea party and catastrophe. >> he basically caved in on saturday night after pressure from eric cantor. >> he has the power in the house. >> what can you tell me about the relationship between speaker boehnor and eric cantor? >> senator dick durbin joins me. >> john boehnor is along for the ride. >> not all republicans believe the united states will default. >> i will be voting no on increasing the debt ceiling. >> these are ignorant people feeding lies to their constituents. >> dr. evil only asked for $1 million. >> tax pledges aren't the only problem for the republican candidates. >> did two republican hopefuls really sign a pledge suggesting a return to the days of slavery? >> the marriage vow. >> back tracking from controversial pledges of their own. >> michel
to respond. >> i think that i would describe it as dire. and we have three really big problems. we have a spending problem. we have a debt problem. and we have a jobs problem. >> wall street's reaction to all of this a sea of red there. you see the dow down 103 points, and the s&p down as well as the nasdaq. joining me is washington post columnist ezra klein who is also an msnbc contributor, and ezra, thank you for your time, and let's look at the big picture here, because this big number here, you can use the words disappointing and abysmal, and unsettling, and that is not good news for the obama administration, and what do you say? >> i use stronger words than that terrible. it is larger than the obama administration, because we see that the economy is not recovering. since march, we have added 540,000 people, and that is not a slow recovery, but the opposite of recovery, backsliding. meanwhile, washington is caught in the same narrow arguments, and john boehner says debt and spending. no, we need to focus now on jobs and we need to make that priority number one and not endlessly argu
on the big things is something they choose to do. >> we emplore the other side to get serious. >> when is the house going to stop the charade? >> the gang of six is still trying to lead. >> it's a far cry from the paul ryan budget. >> we thought this was the gang of six, dead and buried. >> now the gang of six is a gang of seven. >> two parts, there's always a second act. >> gotten rave reviews from a lot of folks. frlgs colleagues really liked it. >> when does somebody have to say uncle? >> murdoch is also not taking the blame. >> insisting that he is not to blame. >> london calling. >> tried to pass the buck today. >> just doesn't really stack up. >> the 80-year-old also appeared confused. >> he said yes, i'm in charge of this company. >> somebody jumped over to, i believe, get to rupert murdoch. >> somebody with a pie, wendi murdoch leaped past her husband. >> she's feisty, i've met her. >> if i remember correctly, that looks like a spike. >> you can always say with glitter. >> as the deadline for raising the debt ceiling grows closer by the day, house republicans chose to spend thi
is not as big as they wanted it to be, but a short time ago senate majority leader harry reid warned that the bill will be rejected in short order. >> as soon as the house completes the vote tonight or this afternoon, the senate will move to take up that message that they sent to us. it will be defeated. they know that. >> so, no word as of yet from the president today on the standoff. earlier today, press secretary jay carney said that any bill would have to absolutely extend the debt ceiling until 2013, and nbc's kristen welker joins me from the white house. also in the press briefing, jay carney said that the bill being worked on right now is d.o.a. when it reaches the senate. >> yes, that is right. hello, thomas. good afternoon to you. he said it is d.o.a. and 58 senators have said they will come out to vote against it and he reiterated the call that the white house is not going to get behind anything that is not a long-term increase of the debt ceiling. but you know, people have been pushing this on this saying that past presidents have increased the debt ceiling for periods of
at the top of the of the hour, the case against the noted french big wig dominique strauss-kahn on the edge of collapse as we hear from the attorney of the woman who says he attacked her. >>> and embrace the race of 2012. now, back to tamron. >>> well, monaco's marriage of prince albert and charlene woodstock went ahead at the palace. it marks the first marriage of the reigning prince in 50 years. it started with appearances by president sarkozy and designer armani, and michelle kosinski joins us, and i have to say that your dress is stunning. you look fantabulous, but one of the requirements was that you had to wear a cocktail dress, right? >> yes sh, to get anywhere neare restricted areas and the wedding you have had to have a cocktail attire, and the male press had to wear all black, which was rare, because it was all hot here today. and before of the ceremony, you could see everyone fanning themselves, because it has a beautiful islandy mediterranean feel and absolutely beautiful day with blue sky and blue water and blue bloods, lots of them inside to see this ceremony and how strange,
, it's a big ridge of high pressure that's very strong and doesn't want to move, and we might be looking at it for a long period of time. we talk a lot about the humidity and what role that plays. your body tries to cool off by using sweat and evaporation. that doesn't happen very easily if you've got a lot of moisture in the atmosphere. coming up in the next hour, it will feel like 109 in chicago, 108 in st. louis, and the real problem for people who don't have air conditioning is what happens at night. we go to 11:00 tonight. it will still feel like 101 in st. louis. that's crazy. 95 in chicago and 89 in cincinnati, and this isn't going to change very much. again, it's a big ridge of high pressure. we talked about this heat dome gradually descending air. it's very strong and when fronts try to move in, they are redirected off to the north, and we don't get very much cool air at all. we're going to watch this ridge gradually expand a little farther east in the coming days, so it's going to be getting warmer into the northeast. by friday in particular temperatures well into th
to entitlements so is that the big issues dodged in both of the plans, and the thing is, also, thomas, speaker boehner is a more short-term deal that speaker boehner says they do not want to pass, but what can be done reality and legislatively in the eight-day window that you mentioned. you have the two plans going on the own train, and jay carney said we need a train to reach the station. and it is interesting if harry reid can get cloture on his plan and whether or not one of these is the ones that are left at the end that one side has to stomach. it is looking certainly to be like that, thomas. >> nbc's luke russert on capitol hill, and we will wait and watch. thanks, luke. >> indeed. >>> and the u.s. is urging the imof the raise the ceiling and cut friending. they say that the u.s. should concentrate on entitlement reform. and now a new poll is that the u.s. citizens are losing faith in their lawmakers. 71% say they are not very confident or not confident at all. that is coming up with lawmakers and whether or not they will be able to reach a deal. again, the deadline is eight days from no
. the president has made clear that he believes that this has been an opportunity to do something big and historic that requires political will by democrats and republicans, a willingness to take heat from your base as opposed to placate your base, but it requires a will on both sides, and with that i'll take your questions. mr. feller. >> thanks, jay. two questions. we're obviously 24 hours closer to potential calamity here. is the white house any closer itself to a strategy and what's the president doing to achieve it? >> as you know, congress needs to take action. we have been intensely engaged in negotiations, in conversations, in proposals and counterproposals with congress at a variety of different levels. the talks led by the vice president, the private conversations and negotiations that the president had with the speaker of the house. we have continuedรง even since e speaker of the house walked away from those -- from that potential compromise last friday, we've continued to have conversations with all levels, with democrats, republicans, principals and staffers in search of a solution t
will be raised by next week, but the big question that everybody is asking is how is this going to happen, because it seems that all sides are digging in the heels and the white house continuing to insist that the president would veto a short term plan which is that plan put forth by speaker boehner that is as kelly mentioned would increase the debt ceiling in increments for the first time for six months, and press secretary jay carney, again, today saying that the president would veto that if it made it to his desk, and carney saying that bill would doubtfully pass the senate, but the president said in the remarks last night he does support the plan put forth by reid which would of course, decrease the deficit by $2.7 trillion and raise the deficit through 2012, and here is what press secretary jay carney had to say about the reid plan earlier today. >> it is a legitimate compromise measure. we believe it could pass the senate and the house if folks gave it a fair shake, and we appreciate senator reid putting it forward. the fact that there remains confidence in the world that washington
was apparently trying to do, get a big deal in a balanced way. so, that's the good news. again, the details still have to come out and senator durbin, a member of the gang of six said yesterday, they don't have legislative language. the question is, you know, what can be done between now and august 2nd, if anything with the plan or do we need to continue to proceed with a back-up plan, plan b. >> chris, i was going to ask earlier, last hour to steve rattner who was here and suggested if the plan were to go forward, there would have to be a month or two month extension to allow the committee chairman and chairwoman in the house and senate to do their business. this would be the most dramatic reform of entitlement since the reagan era. there would have to be an extension of time for the debt ceiling, would there not? >> i think it's right. we would have to work out some interim arrangement to proceed down that road. again, exactly what the time line would be and that question would remain to be seen. the good news is this provides some additional momentum to the idea of getting something big done.
, and that is part of the big debate regarding this honor that is given out. >> well, there are plenty of acts of valor all of the time. everyday our troops are in contact with the enemy, we are having troops killed and wounded everyday, and there are valorous acts that are performed by our soldiers and sailors and airmen and marines all of the time. it is only some of them that get recognized but if you ask any recipient of the medal of honor or indeed any recipient, he will tell you he is not wearing it for himself, but those who can't. >> and this is only the second living recipient since the vietnam war, and we know many hundreds of thousands of troops out there who have served multiple troops like sergeant petry who served in iraq and afghanistan and who you would like to have them receive this honor while they are there and hear the words of honor said from the president and thosexd attendance there. >> well, he said it eloquently in that it is important that we have a -- see it and hear it, because otherwise we don't feel important to it. and it is important to recognize these people wh
factor in the obesity, and it seems like a big stretch. >> okay. wow. we will see what happens with the legal action and the debate especially when we look at the numbers for obesity of children and adults in the country, because it is stunning. thank you, kevin, for coming out to tell your side of the story. >> thank for having me. >>> and the fallout of the "news of the world" phone hacking stretching the globe. there are reports that british investigators are looking for potential phone hacking of 31 reporters at 31 different publications. and scotland yard has expanded the investigation to 60 officers, and meanwhile in australia, their government is introducing legislation allowing citizens to sue for serious invasion of privacy. >>> and coming up, alabama followed arizona passing a tougher immigration law to make it against the law to take an illegal immigrant to the hospital. today a civil rights organization filed a lawsuit to challenge the law. and i will talk to the alabama lawmaker who calls the legislation one of the most awful laws ever passed in the state. >>> and
update on the situation in mumbai. >>> now to our other top story, several big developments in the explosive hacking scandal threatening rupert murdoch's media empire. earlier today, news corp suddenly called off its $12 billion bid to take over british sky broadcasting, the largest satellite broadcaster and hours before parliament was scheduled to vote against that deal. also today, prime minister david cameron said he would look into allegations that 9/11 victims were targeted in the scandal and here at home, new york senator jay rockefeller wants the fbi to look into whether the scandal has crossed the pond. rockefeller and others want to know if news corp's papers have broken u.s. laws and spied on people here in the states. nbc's stephanie gosk joins us now from london. there was pressure for news corp to pull out of this deal, and they caved into the pressure here. >> reporter: british politicians are much like american politicians, don't agree on much, but came together over this issue. they felt that murdoch needed to back off of this deal, a multi-billion deal to ac
Search Results 0 to 24 of about 25 (some duplicates have been removed)